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Doing Business In (Insert Country Name Here) - BNA

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Travel & Tourism (TRA) Return to top<br />

Overview Return to top<br />

2006 2007 2008*<br />

Total Market Size 109,777 111,423 114,765<br />

Total Local Production 126,485 128,382 132,233<br />

Total Exports 40,004 40,604 41,416<br />

Total Imports 22,345 22,680 23,360<br />

Imports from the U.S. 4,920 4,993 5,142<br />

Exchange rate: USD1.00 Euro 0.8 Euro 0.7 Euro 0.7<br />

(Figures in USD millions; * Estimated figures)<br />

The United States remains one of the top choices among long-haul destinations for<br />

French travelers. France ranks third among European markets, after the United<br />

Kingdom and Germany, and sixth in the world after Canada, Mexico, Japan, the U.K.,<br />

and Germany as an overseas source of income for the tourism industry in the U. S.<br />

Best Prospects/Services Return to top<br />

All major actors in the travel & tourism industry indicated good growth prospects for the<br />

French market in 2007, estimating an average of 27 percent more sales revenue for<br />

French travelers to the U.S. The French market is really optimistic for 2008 especially<br />

with the opening of a series of non-stop flights between France and the United States.<br />

Opportunities Return to top<br />

California, the U.S. National Parks, New York and Florida remain the favorite<br />

destinations. <strong>In</strong>creasingly, other regions like the Southwest and Mountain States are<br />

becoming popular, particularly with second or third-time visitors. The French are very<br />

individualistic in their travel behavior. The average length of stay is approximately 2<br />

weeks. Visitor spending in the U.S. amounts to approximately USD 76 per day per<br />

person. Following the closing of the U.S.T.T.A in 1996, the Commercial Service office in<br />

Paris has supported the establishment of the Visit USA Committee France, a private<br />

industry association aimed at promoting the United States as a travel and tourism<br />

destination.<br />

Resources Return to top<br />

Visit USA Committee France: [http://www.office-tourisme-usa.com]<br />

Embassy U.S. Commercial Service Trade Specialist:<br />

[Valerie.Ferriere@mail.doc.gov]<br />

Phone: (+33-1) 43 12 70 77 - Website: [http://www.buyusa.gov/france/en]<br />

TIA (Travel <strong>In</strong>dustry Association) is the major travel association in the U.S:<br />

[http://www.tia.org/]<br />

OTTI (Office of Travel & Tourism <strong>In</strong>dustries) is the primary source of international travel<br />

statistics in the United States: [http://www.tinet.ita.doc.gov/]<br />

2/15/2008 <strong>Country</strong> Commercial Guide for France 41<br />

INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE,<br />

© 2007. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES.

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